This paper deals with electing candidates. In elections voters are frequently offered a small set of actions (voting in favor of one candidate, voting blank, spoiling the ballot, and not showing up). Thus voters can express neither a negative opinion nor an opinion on more than one candidate....

The present work looks at the role of political institutions - political regimes and electoral rules - in determining the performance of the government to define and implement sound policies for the economy. The results of the empirical investigation on a panel of 80 democracies over the period...

This paper reports the first laboratory study of the swing voter’s curse and provides insights on the larger theoretical and empirical literature on 'pivotal voter' models. Our experiment controls for different information levels of voters, as well as the size of the electorate, the...

In this paper I will analyse the redistribution of income amongst n generations using the Single-mindedness Theory. I will introduce a new expression for the balanced-budget constraint, no longer based on lump- sum transfers as in the traditional literature, but rather on more realistic labour...

The philosophical, methodological and technological changes that have taken place during the course of the last few years have led to the appearance of new values and necessities relative to the governance of society. In response to these needs, this paper analyses how the new democratic system...

Taking Macur Olson's theory of the decline of nations as pathbreaking in this field we develop a formal model of the behavior of interest groups and their interaction to win some deeper insights into the interior mechanics of the interest-group-state. Followed by a brief survey of empirical...

In this paper I will introduce a new political economy model, where there exists a competition amongst two political candidates, which aim to set a policy which enables them to win elections, max- imising the probability of winning. I will show that, if taxes neces- sary to repay the debt are...